6908 Thomas Dr Panama City Beach, FL 32408

This 0.54-acre Gulf-view property is zoned C-1 Neighborhood Commercial, presenting various development opportunities. Located in Panama City Beach, it is situated 800 feet from the Gulf of America. The 6,985 square foot building sits on a lot with 100 feet of frontage on Thomas Drive, extending 235 feet to Beach Drive. Constructed of masonry (concrete block), the building's second floor includes three office or storage rooms and additional bathrooms. The property benefits from high visibility in a tourist area, surrounded by high-rise condos, restaurants, public beach access points, and attractions. It previously operated as a bar and restaurant. Recent renovations include a complete build-out and a new HVAC system. An on-site monument sign is present. Inventory is available for purchase for those wishing to continue operating the existing Sunny Side Beach Store. The property is not in a flood zone and contains no wetlands. The zoning allows for commercial, mixed-use, or multifamily development with a density of up to 15 units per acre, a maximum building height of 35 feet, an impervious surface ratio of 60%, a floor area ratio of 100%, and setbacks of 20 feet front and rear, and 5 feet on the sides.